LQR House shares fall 23.76% intraday after $50.3 million at-the-market equity offering announced.

LQR House plunged 23.76% intraday following the announcement of a $50.3 million at-the-market equity offering through A.G.P./Alliance Global Partners. The company will issue common stock under a Form F-3 shelf prospectus, with the sales agent receiving a 3.0% commission. Proceeds will fund capital expenditures, acquisitions, marketing, and working capital. The offering, effective March 11, 2026, likely triggered investor concerns over share dilution and financial distress, contributing to the sharp decline.